dYdX, a prominent decentralized exchange, has deployed its insurance fund to mitigate the impact of a severe liquidation event, where $9 million worth of user positions were affected. Antonio Juliano, the founder of dYdX, attributed these liquidations to what he described as a “targeted attack” against the platform. The digital asset space experienced dramatic fluctuations The post dYdX Responds to $9M Liquidation with Swift Insurance Action appeared first on CoinGape .